James Oundo

Small businesses, farmers to be exempted from eTIMS nightmare

Small business owners and farmers with an annual turnover of less than Sh. 5 million are set to be exempted from complying with the Kenya Revenue Authority's eTIMS invoicing system. This is after the National Assembly's Finance Committee made a...

Trump: I’ll hit BRICS Countries with 100% tariffs if they replace US Dollar

Incoming US President Donald Trump has threatened to slap countries under the BRIC bloc with 100 per cent trade tariffs if they try to replace the US Dollar as their trading currency. Trump made the declaration on social media...

Wrangles over Mali MMF push Safaricom to open new Ziidi MMF

Safaricom has launched a new money market fund (MMF) that will be in direct rivalry with the Mali Money Market Fund that it has been running. According to a report that appeared in a local daily on Thursday, Safaricom launched...

Life remains unaffordable for Kenyans despite claim of low inflation rate

According to the Central Bank of Kenya (CBK), the inflation rate is currently at low levels that were last seen seventeen years ago. As at October 2024, the CBK placed the inflation rate at 2.72 per cent. However, Kenyans have lamented...

It’s one thing to build wealth and entirely another to maintain wealth or grow it

What is the secret formula to success and wealth? Every successful person has their own success method. So what is this method? It is a combination of things working seemelessly together towards one goal: wealth. Here, let's explore how...

My Canadian visa was revoked at the airport on my traveling day

Incidents of Kenyans still going for agents who are promising jobs and visas in countries such as Canada, the United Kingdom and the United States continue to pile. And the consequences are proving to be very costly as one...

Majority of Kenyan companies flagged for wash wash are in real estate sector

A majority of Kenyan companies that have been reported for money laundering are in the real estate sector. According to a report by the Business Registration Service (BRS) 64.57 per cent of the more than 10,000 registered private companies that...

Kenyans have over Sh. 2 trillion saved in fixed deposit bank accounts

The amount of money Kenyans have saved in fixed deposit bank accounts has crossed Sh. 2 trillion. According to data from the Central Bank of Kenya (CBK), the amount Kenyans have saved in fixed deposit bank accounts was Sh....

EPRA cuts fuel prices: Petrol down Sh. 8.18, Diesel Sh. 3.54, Kerosene Sh. 6.93

Fuel prices have dropped across the country. Starting midnight on October 15, Kenyans will buy fuel at a cheaper rates. The new prices will last from October 15 to November 14, 2024. In the period under review, the maximum allowed...

Prices of DStv packages hiked by up to Sh. 500 yet again

Kenyans who rely on DStv for entertainment will now have to cough up more money to stay connected. This is after MultiChoice, the company that owns DStv and GOtv, announced that it is increasing the prices of DStv packages...

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NCBA & Salvador Caetano Kenya: Strategic asset finance partnership for ICE and Electric Vehicles

NCBA Bank has signed a strategic Memorandum of Understanding (MoU) with Salvador Caetano Kenya Limited, one of East Africa’s leading...